Answer:
a. $19,800
Explanation:
The computation of the correct cash balance is shown below:
= Balance per bank statement + Deposit in transit - Outstanding checks
= $18,650 + $3,900 - $2,750
= $19,800
We simply added the deposits and deducted the outstanding checks to the bank balance so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
A.
Doesn't have to be adults it can be someone their age or younger
Answer:
Accounts receivable financing
Explanation:
The accounts receivables are used as a collateral to receive a loan from the bank or factor. The amount received are deducted from the loan assigned and the remainder are paid back to the firms. The interest rate is agreed between the factor and firm using invoice discounting. Whereas the factoring is the assigning of the responsibility of accounts receivables management to the other organization. So both of these are the ways through which accounts receivables are used to finance the company's working capital or long term projects.
Answer:
$14.88
Explanation:
The computation of the stock price is given below:
A total return of 12% means that
= 0.12 × 14
= $1.68 in a year.
Now
The total dividend payments for 4 quarters is
= 0.2 × 4
= $0.8.
Now the price of the stock should increase by
= 1.68 - 0.8
= 0.88
So the stock price one year from now is
= 14 + 0.88
= $14.88
Answer:
Union workers earn more money for similar work.
Explanation:
A labour union is when a group of workers come together to form an association for the benefit of members of the union. Labour unions have a higher bargaining power when compared with non union workers. This increases their potential for higher wages and better working conditions
Examples of labour unions in the US include :
- American Federation of State, County, and Municipal Employees
- American Federation of teachers
- United Food and Commercial Workers
- United Auto Worker